[TUTORIAL] How to make money on the stock exchange and do not lose.

in #bitcoin7 years ago

Hello Steemit!
Yesterday a few people asked me a question:
Where and how trade on BTC / LTC / ETH etc.

My currency is PLN and I play on it.

#1 =You must have accounts on several exchanges:
1.Poloniex (Global) LINK
2.Bittrex (Global) LINK
3.CryptoX (Polish) LINK
4.BitBay (Polish) LINK
5.BitMarket (Polish) LINK

(No Refflinks)

#2 = Choose the Crypto you want to play!
I choose LTC for this post

#3 = Compare prices (assuming you buy BTC for 9150 PLN )
1.Price on Poloniexie:
Polo.png

You ask why there is 9150 in Amount? Below TOTAL is the price for which you buy LTC. But to not be so beautiful to this price you have to add all the commissions you pay.

Example:

140,76 + 0.15% (Fee BitMarket - Maker) or 0,45% (Fee BitMarket - Taker) x2 (Why x2? - because we REMEMBER that we are starting and ending with PLN). + next 0,15% Fee Maker Poloniex

The above calculation gives us the final price: 141,39

Price comparison on PL exchanges:
BitMarket:
BitMarket.png

BitBay:
BitBay.png

So we will not earn the exchange: PLN->BTC->LTC->PLN

But maybe try the other way?

If you buy LTC On the exchanges at 137 zł + Fee Maker 0,15% = 137,20 + 0,25 Fee Taker at Poloniex = 137,54 PLN

Price on Poloniex is 140,76 - 137,54 = +/- 3,21 profit.

THIS IS NOT INVESTMENT TREATMENT

Sorry for my english - this is my first post for a long time :)

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